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Originally Posted by The Indomitable DrugS
The same as how the odds of a horse race are indicative of how the horses will finish.
The same as how the odds on a boxing match are indicative of how the outcome of the fight will be.
The same as how the money line of a football game is indicative of who will win the game.
Why exactly did the betting go the way it has since Palin was named McCain's VP choice? How the hell would I know. However, people who think that she has made this a much tighter race are out of their mind. That much is clear.
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Im not trying to be a pain in the ass...but don't you think its harder to put faith in those type odds when the people that will be doing the voting (american citizens) have their money in the same "pool" as everyone else world? I could see if the offshore betting site had a seperate pool for american citizens and based their odds upon that. Those odds are reflective of how people worldwide feel who will win. Fortunately for us, people throughout the world don't vote to determine our president.